“TargetCompany” is a type of ransomware that was first identified in June 2021. The researchers named it TargetCompany ransomware because it adds the targeted company name as a file extension to the encrypted files. In September 2022, researchers identified a TargetCompany ransomware variant targeting Microsoft SQL servers and adding the “Fargo” extension to the encrypted files. TargetCompany ransomware is also known to add a “Mallox” extension after encrypting the files.